Eletrobras Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
EBR.B | D | Centrais Electricas Brasileiras S.A.- Eletrobras American Depositary Shares (Each representing one Preferred Share) | -1.39 |
Related Industries: Utilities - Regulated Electric
- Eletrobras
Eletrobras (Portuguese pronunciation: [eˌlɛtɾoˈbɾas], full name: Centrais Elétricas Brasileiras S.A.) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro.
It is Latin America's biggest power utility company, tenth largest in the world, and is also the fourth largest clean energy company in the world. Eletrobras holds stakes in a number of Brazilian electric companies, so that it generates about 40% and transmits 69% of Brazil's electric supply. The company's generating capacity is about 43,000 MW, mostly in hydroelectric plants. The Brazilian federal government owns 52% stake in Eletrobras, the rest of the shares are traded on BM&F Bovespa. The stock is part of the Ibovespa index. It is also traded on the New York Stock Exchange and on the Madrid Stock Exchange.
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